PKR dives to another historic low in early trade, crosses 183/USD

MG News | March 31, 2022 at 10:02 AM GMT+05:00

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March 31, 2022 (MLN): The ongoing political uncertainty and fear of the unknown have pushed the Pakistani rupee (PKR) towards a fall of a further 96 paisa in early trade, witnessing another historic low.

The dollar was being quoted at 183.40/ 183.60 (10:06 PST) when compared to the previous day’s close of 182.64 against the greenback.

"The uncertainty is damaging to the economy. In case of a no-confidence vote, resignation could follow and the country could be heading for elections," Asad Rizvi, the former Treasury Head at Chase Manhattan said in his early morning tweet.

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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,950.00	80,245.00 79,385.00	50.00 0.06%
BRENT CRUDE	114.60	116.95 114.43	-1.21 -1.04%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-0.35 -0.27%
ROTTERDAM COAL MONTHLY	146.75	146.75 146.75	-0.50 -0.34%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	100.76	102.82 100.60	-1.00 -0.98%
SUGAR #11 WORLD	19.33	19.34 19.07	0.23 1.20%